501 Palisades Drive 110
Pacific Palisades, CA, 90272
$299,000
MLS: 25621225
Beds
1
Baths
1
Sq Ft
593
Lot
6.65 ac
Year Built
1987
MLS #
25621225
Days on Market
107
Listed
Dec 1, 2025
Description
Welcome to Casa Gateway, a low-income senior community for residents 62 years or older. This one-bedroom, one-bath unit offers a walk-in closet, community laundry, and nicely maintained common areas. The property is subject to LA Housing Department jurisdiction, and the maximum allowable household income is $77,350.76.This Mediterranean-style complex sits at the corner of Sunset Boulevard and Palisades Drive, directly across from the Self-Realization Lake Shrine and close to the Palisades Highlands shopping center, the Palisades Village, and the beach.
Location
Pacific Palisades, Los Angeles County, CA 90272
Open on Google Maps ↗Listed by: Anthony Marguleas · Amalfi Estates
Payment estimate
$2,377
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $29,900 · Loan: $269,100
- Principal & Interest
- $1,653
- Property tax (1.25%)
- $311
- Homeowners insurance
- $300
- Mortgage insurance
- $112
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Pacific Palisades home with as little as 3.5% down using an FHA loan — roughly $10,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Pacific Palisades, CA 90272 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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